Matthews China Active ETF
ALTAR
Score™		 14.6% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 8.8x P/Sales
ratio		 1.2x
P/BV
ratio		 0.8x Div.
yield		 1.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
MCH is actively managed to hold stocks of Chinese companies that are fundamentally screened for sustainable growth. The fund also considers ESG factors in the investment process.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Matthews International Capital Management
Website www.matthewsasia.com/funds/etfs/china-active-etf/
Inception date Jul 13, 2022
Assets (mns) $24
Currency USD
Expense ratio 79 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 57
Wgt avg mkt cap (mns) $142,019
Large cap (>$10bn) 83.7%
Mid cap ($2-10bn) 15.4%
Small cap (<$2bn) 0.9%
Developed mkts 18.0%
Emerging mkts 82.0%

TOP TEN HOLDINGS
TENCENT HOLDINGS LTD 12.3 %
ALIBABA GROUP HOLDING LTD. 6.0 %
JIANGSU ZHONGTIAN TECHNOLO-A 4.3 %
KINGBOARD CHEMICALS HOLDINGS 3.6 %
CHINA INTERNATIONAL CAPITAL CORP. 3.0 %
PING AN INSURANCE GROUP CO-H 2.8 %
MEITUAN DIANPING 2.8 %
CHINA LIFE INSURANCE CO-H 2.7 %
CHINA MERCHANTS SECURITIES CO LTD 2.5 %
ZIJIN MINING GROUP CO LTD-A 2.5 %
Total 42.4 %

TOP COUNTRY EXPOSURE
CHINA 89.0 %
HONG KONG 6.8 %
SINGAPORE 1.3 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
2.8% 28.2% -- -- 5.2%

Market Correlations
versus... Beta R-squared
S&P500 0.96 32%
MSCI EAFE 0.78 33%
MSCI Emg. Mkts. 0.77 56%

Technical Indicators
Recent close $28.60
30d moving avg. $28.85
Annualized volatility 33.4%
Short interest (ETF) 0.2%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.4%
Bid/Ask (% of price) 0.34%
ADV underlying (mns) $13,809

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 294 potential alternatives to the Matthews China Active ETF ETF based on the alternatives' overlap in portfolio holdings with MCH. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: MCH Expense: 79 bp ALTAR Score™: 14.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH MCH
Ticker Fund
Name		 Overlap1
vs MCH
(%)		 Expense
ratio
(bp)		 Savings
vs MCH
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs MCH
(%)
JCHI JPMorgan Active China ETF 33.2 65 14 15.3 +0.7
CXSE WisdomTree China ex-State-Owned Enterprises Fund 33.1 32 47 13.9 -0.7
MCHI iShares MSCI China ETF 31.8 59 20 20.6 +6.0
FXI iShares China Large-Cap ETF 30.3 74 5 21.5 +6.9
GXC SPDR S & P China ETF 28.1 59 20 19.0 +4.4
KWEB KraneShares CSI China Internet ETF 24.9 69 10 24.9 +10.4
CGRO CoreValues Alpha Greater China Growth ETF 23.9 75 4 5.3 -9.3
BKF iShares MSCI BIC ETF 23.4 69 10 14.7 +0.2
FDNI First Trust Dow Jones International Internet ETF 22.5 65 14 24.7 +10.1
TCHI iShares MSCI China Multisector Tech ETF 21.3 59 20 13.7 -0.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 21.0 86 -7 12.8 -1.8
KTEC KraneShares Hang Seng TECH Index ETF 19.2 69 10 21.7 +7.2
EEMO Invesco S&P Emerging Markets Momentum ETF 17.3 29 50 6.6 -8.0
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 16.9 65 14 6.1 -8.5
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF 16.8 55 24 6.2 -8.4
PXH Invesco FTSE RAFI Emerging Markets ETF 16.2 49 30 13.4 -1.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 15.8 20 59 12.9 -1.7
LDEM iShares ESG MSCI EM Leaders ETF 15.5 17 62 12.7 -1.8
MEM Matthews Emerging Markets Equity Active ETF 15.4 79 0 8.5 -6.1
CQQQ Invesco China Technology ETF 14.5 70 9 14.7 +0.1
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 13.5 60 19 8.8 -5.8
CHIQ Global X MSCI China Consumer Discretionary ETF 13.1 65 14 14.2 -0.3
AIA iShares Asia 50 ETF 13.1 50 29 7.6 -7.0
MINV Matthews Asia Innovators Active ETF 12.9 79 0 5.2 -9.3
EMC Global X Emerging Markets Great Consumer ETF 12.7 75 4 7.1 -7.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 11.5 15 64 8.8 -5.8
GMF SPDR S&P Emerging Asia Pacific ETF 11.3 49 30 8.6 -6.0
NUEM Nuveen ESG Emerging Markets Equity ETF 11.3 36 43 6.0 -8.6
FLAX Franklin FTSE Asia Ex Japan ETF 10.7 19 60 7.1 -7.5
EEMA iShares MSCI Emerging Markets Asia ETF 10.5 49 30 7.5 -7.1
EMXF iShares ESG Advanced MSCI EM ETF 10.5 16 63 6.6 -8.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 10.4 33 46 6.7 -7.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 10.0 32 47 7.4 -7.2
JHEM John Hancock Multifactor Emerging Markets ETF 9.9 49 30 7.5 -7.0
VWO Vanguard FTSE Emerging Markets ETF 9.9 7 72 9.1 -5.5
JADE JPMorgan Active Developing Markets Equity ETF 9.8 65 14 6.0 -8.6
FCA First Trust China AlphaDEX Fund 9.8 80 -1 8.6 -6.0
SCHE Schwab Emerging Markets Equity ETF 9.7 11 68 9.3 -5.3
JIVE JPMorgan International Value ETF 9.5 55 24 8.1 -6.5
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 9.5 15 64 8.0 -6.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 9.5 36 43 7.6 -7.0
BKEM BNY Mellon Emerging Markets Equity ETF 9.5 11 68 7.9 -6.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 9.4 66 13 7.2 -7.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 9.4 39 40 13.6 -1.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 9.1 70 9 6.9 -7.7
SOCL Global X Social Media ETF 9.1 65 14 12.5 -2.1
SPEM SPDR Portfolio Emerging Markets ETF 9.0 7 72 9.4 -5.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 8.9 45 34 8.0 -6.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 8.6 30 49 7.9 -6.7
ECON Columbia Emerging Markets Consumer ETF 8.3 49 30 6.6 -8.0
EEM iShares MSCI Emerging Markets ETF 8.1 69 10 7.8 -6.8
ESGE iShares ESG Aware MSCI EM ETF 8.1 25 54 8.2 -6.3
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 8.1 69 10 7.4 -7.1
EMGF iShares Emerging Markets Equity Factor ETF 8.0 25 54 8.9 -5.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 7.5 60 19 6.7 -7.9
IEMG iShares Core MSCI Emerging Markets ETF 7.3 9 70 8.2 -6.4
DFAE Dimensional Emerging Core Equity Market ETF 7.2 35 44 7.0 -7.6
MOTI VanEck Morningstar International Moat ETF 7.1 58 21 10.2 -4.4
ESPO VanEck Video Gaming and eSports ETF 7.0 56 23 6.5 -8.0
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 6.9 75 4 3.2 -11.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 6.8 41 38 6.9 -7.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 6.6 35 44 10.1 -4.4
ODDS Pacer BlueStar Digital Entertainment ETF 6.6 60 19 4.5 -10.1
AVSE Avantis Responsible Emerging Markets Equity ETF 6.5 33 46 6.6 -8.0
AVEM Avantis Emerging Markets Equity ETF 6.5 33 46 7.0 -7.5
DEHP Dimensional Emerging Markets High Profitability ETF 6.4 41 38 4.8 -9.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 6.2 38 41 7.0 -7.6
ADIV SmartETFs Asia Pacific Dividend Builder ETF 6.2 78 1 9.6 -5.0
DINT Davis Select International ETF 6.1 55 24 5.9 -8.6
ABLG Abacus FCF International Leaders ETF 5.9 59 20 6.5 -8.1
DFEV Dimensional Emerging Markets Value ETF 5.9 43 36 9.4 -5.2
RXI iShares Global Consumer Discretionary ETF 5.9 41 38 8.2 -6.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 5.6 59 20 8.6 -6.0
OGIG ALPS O'Shares Global Internet Giants ETF 5.6 48 31 2.5 -12.1
FDEM Fidelity Emerging Markets Multifactor ETF 5.5 25 54 10.5 -4.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 5.4 45 34 9.7 -4.9
DWLD Davis Select Worldwide ETF 5.4 63 16 6.6 -7.9
KURE KraneShares MSCI All China Health Care Index ETF 5.4 65 14 2.6 -12.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 5.4 42 37 4.0 -10.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 5.4 95 -16 9.9 -4.7
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 5.3 88 -9 7.9 -6.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 5.2 30 49 7.6 -7.0
DRGN Themes China Generative Artificial Intelligence ETF 4.7 39 40 9.2 -5.4
MOTG VanEck Morningstar Global Wide Moat ETF 4.4 52 27 7.9 -6.7
FMET Fidelity Metaverse ETF 4.4 39 40 4.4 -10.2
DEM WisdomTree Emerging Markets High Dividend Fund 4.4 63 16 10.3 -4.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 4.3 40 39 6.3 -8.3
RNEM First Trust Emerging Markets Equity Select ETF 4.1 75 4 8.0 -6.6
PCGG Polen Capital Global Growth ETF 4.1 85 -6 3.9 -10.7
IVRS iShares Future Metaverse Tech and Communications ETF 4.1 47 32 5.1 -9.5
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 4.1 72 7 2.4 -12.1
EV Mast Global Battery Recycling & Production ETF 4.0 65 14 6.4 -8.2
ECNS iShares MSCI China Small-Cap ETF 4.0 59 20 9.7 -4.8
METV Roundhill Ball Metaverse ETF 4.0 59 20 7.7 -6.9
IXP iShares Global Comm Services ETF 4.0 42 37 5.7 -8.9
BNGE First Trust S-Network Streaming and Gaming ETF 4.0 70 9 3.0 -11.6
PATN Pacer Nasdaq International Patent Leaders ETF 3.9 65 14 4.0 -10.5
LIT Global X Lithium & Battery Tech ETF 3.8 75 4 5.6 -9.0
ROAM Hartford Multifactor Emerging Markets ETF 3.7 44 35 7.6 -7.0
BATT Amplify Lithium & Battery Technology ETF 3.7 59 20 2.1 -12.5
KGRN KraneShares MSCI China Clean Technology Index ETF 3.6 79 0 3.8 -10.8
FDCF Fidelity Disruptive Communications ETF 3.5 50 29 1.8 -12.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 3.5 41 38 5.9 -8.7
SDEM Global X MSCI SuperDividend Emerging Markets ETF 3.4 67 12 12.4 -2.1
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.4 70 9 9.4 -5.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 3.3 50 29 8.3 -6.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.3 80 -1 7.5 -7.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 3.2 18 61 6.3 -8.3
ANEW ProShares MSCI Transformational Changes ETF 3.2 45 34 4.3 -10.3
KSTR KraneShares SSE STAR Market 50 Index ETF 3.0 89 -10 0.5 -14.1
EMMF WisdomTree Emerging Markets Multifactor Fund 3.0 48 31 8.6 -6.0
VEU Vanguard FTSE All-World ex-US Index Fund 2.9 4 75 6.6 -7.9
AIS VistaShares Artificial Intelligence Supercycle ETF 2.9 75 4 0.9 -13.7
TTAI FCF International Quality ETF 2.8 59 20 6.9 -7.7
ACWX iShares MSCI ACWI ex U.S. ETF 2.8 34 45 6.3 -8.3
AVES Avantis Emerging Markets Value ETF 2.8 36 43 9.0 -5.6
CWI SPDR MSCI ACWI ex-US ETF 2.7 30 49 6.4 -8.2
IPKW Invesco International BuyBack Achievers ETF 2.7 55 24 8.0 -6.6
VXUS Vanguard Total International Stock ETF 2.7 5 74 6.6 -8.0
IBUY Amplify Online Retail ETF 2.7 65 14 2.1 -12.5
AIVC Amplify Bloomberg AI Value Chain ETF 2.7 59 20 3.6 -11.0
ISHP First Trust Nasdaq Retail ETF 2.6 60 19 5.3 -9.3
DVYE iShares Emerging Markets Dividend ETF 2.6 49 30 18.0 +3.4
DSTX Distillate International Fundamental Stability & Value ETF 2.6 55 24 6.6 -8.0
OND ProShares On-Demand ETF 2.6 58 21 0.5 -14.1
VSGX Vanguard ESG International Stock ETF 2.5 10 69 6.5 -8.1
IBLC iShares Blockchain and Tech ETF 2.5 47 32 -1.3 -15.9
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 2.5 44 35 9.5 -5.1
IXUS iShares Core MSCI Total International Stock ETF 2.4 7 72 6.5 -8.1
HUMN Roundhill Humanoid Robotics ETF 2.4 75 4 1.3 -13.3
CHAT Roundhill Generative AI & Technology ETF 2.4 75 4 4.2 -10.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.4 75 4 1.8 -12.8
ARVR First Trust Indxx Metaverse ETF 2.4 70 9 3.6 -11.0
AIQ Global X Artificial Intelligence & Technology ETF 2.3 68 11 2.8 -11.8
BUYZ Franklin Disruptive Commerce ETF 2.3 50 29 2.4 -12.2
GINN Goldman Sachs Innovate Equity ETF 2.3 52 27 3.7 -10.9
CNYA iShares MSCI China A ETF 2.3 60 19 6.3 -8.3
JIG JPMorgan International Growth ETF 2.3 55 24 3.6 -11.0
ION ProShares S&P Global Core Battery Metals ETF 2.2 58 21 6.7 -7.9
PGJ Invesco Golden Dragon China ETF 2.2 70 9 15.7 +1.1
OBOR KraneShares MSCI One Belt One Road Index ETF 2.2 79 0 7.6 -6.9
KLMT Invesco MSCI Global Climate 500 ETF 2.0 10 69 4.9 -9.7
GSIB Themes Global Systemically Important Banks ETF 2.0 35 44 7.6 -7.0
OZEM Roundhill GLP-1 & Weight Loss ETF 2.0 59 20 5.2 -9.4
THNR Amplify Weight Loss Drug & Treatment ETF 2.0 59 20 5.7 -8.9
AOTS AOT Software Platform ETF 2.0 49 30 4.6 -10.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.0 80 -1 6.9 -7.6
ETEC iShares Breakthrough Environmental Solutions ETF 2.0 47 32 3.0 -11.6
ONLN ProShares Online Retail ETF 2.0 58 21 1.3 -13.3
EBIZ Global X E-Commerce ETF 2.0 50 29 4.6 -10.0
CDIG City Different Investments Global Equity ETF 2.0 75 4 -1.6 -16.2
FID First Trust S&P International Dividend Aristocrats ETF 2.0 60 19 7.7 -6.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.9 65 14 7.3 -7.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.7 30 49 6.4 -8.2
XDAT Franklin Exponential Data ETF 1.7 50 29 1.1 -13.4
VYMI Vanguard International High Dividend Yield ETF 1.6 17 62 7.9 -6.7
WDIV SPDR S&P Global Dividend ETF 1.6 40 39 8.9 -5.6
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.6 58 21 3.1 -11.5
FRGN Horizon International Equity ETF 1.5 75 4 7.7 -6.9
CGXU Capital Group International Focus Equity ETF 1.5 54 25 3.8 -10.8
HYP Golden Eagle Dynamic Hypergrowth ETF 1.5 85 -6 -0.8 -15.3
FTRI First Trust Indxx Global Natural Resources Income ETF 1.5 70 9 7.0 -7.6
EWH iShares MSCI Hong Kong ETF 1.5 50 29 5.4 -9.2
SCHY Schwab International Dividend Equity ETF 1.5 14 65 8.4 -6.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 1.4 57 22 2.3 -12.2
BWEB Bitwise Web3 ETF 1.4 85 -6 -0.1 -14.7
GEW Cambria Global EW ETF 1.4 29 50 5.3 -9.3
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.3 12 67 8.5 -6.1
AADR AdvisorShares Dorsey Wright ADR ETF 1.3 110 -31 3.1 -11.5
FEOE First Eagle Overseas Equity ETF 1.3 79 0 6.1 -8.5
KOCG FIS Knights of Columbus Global Belief ETF 1.2 75 4 4.5 -10.1
SDG iShares MSCI Global Sustainable Development Goals ETF 1.2 49 30 4.6 -10.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.2 10 69 8.4 -6.2
IXG iShares Global Financials ETF 1.2 42 37 5.8 -8.7
DGT State Street SPDR Global Dow ETF 1.2 50 29 5.7 -8.9
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.1 20 59 4.1 -10.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.1 20 59 4.7 -9.9
ARKF ARK Fintech Innovation ETF 1.1 75 4 0.2 -14.3
FDTX Fidelity Disruptive Technology ETF 1.0 50 29 1.6 -13.0
TAN Invesco Solar ETF 1.0 67 12 4.5 -10.1
FRNW Fidelity Clean Energy ETF 1.0 39 40 1.9 -12.7
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.0 79 0 3.7 -10.9
VCLN Virtus Duff & Phelps Clean Energy ETF 1.0 59 20 2.6 -12.0
CTEC Global X CleanTech ETF 1.0 50 29 -0.0 -14.6
UMMA Wahed Dow Jones Islamic World ETF 1.0 65 14 3.5 -11.0
VT Vanguard Total World Stock ETF 1.0 6 73 4.9 -9.6
ACWI iShares MSCI ACWI ETF 1.0 32 47 4.6 -10.0
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 1.0 25 54 6.1 -8.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.0 9 70 4.8 -9.8
IGRO iShares International Dividend Growth ETF 1.0 15 64 6.6 -8.0
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.9 42 37 7.7 -6.8
FDLS Inspire Fidelis Multi Factor ETF 0.9 76 3 3.1 -11.5
PBD Invesco Global Clean Energy ETF 0.9 75 4 0.3 -14.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.9 35 44 3.4 -11.2
GVAL Cambria Global Value ETF 0.9 68 11 8.5 -6.1
FEGE First Eagle Global Equity ETF 0.9 79 0 6.1 -8.5
ARKX ARK Space Exploration & Innovation ETF 0.9 75 4 0.1 -14.5
SUPL ProShares Supply Chain Logistics ETF 0.9 58 21 7.4 -7.2
IOO iShares Global 100 ETF 0.9 41 38 3.8 -10.8
IPOS Renaissance International IPO ETF 0.9 80 -1 0.0 -14.6
IQDF FlexShares International Quality Dividend Index Fund 0.9 47 32 7.4 -7.2
XT iShares Exponential Technologies ETF 0.8 46 33 3.8 -10.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.8 47 32 7.1 -7.5
GLOF iShares Global Equity Factor ETF 0.8 20 59 5.5 -9.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.8 12 67 4.4 -10.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.8 70 9 6.5 -8.0
DFNL Davis Select Financial ETF 0.8 63 16 7.0 -7.6
ACWV iShares MSCI Global Min Vol Factor ETF 0.8 20 59 5.8 -8.8
BPAY BlackRock Future Financial and Technology ETF 0.7 70 9 5.0 -9.6
TIIV AAM Todd International Intrinsic Value ETF 0.7 54 25 9.5 -5.1
CGIE Capital Group International Equity ETF 0.7 54 25 4.5 -10.1
AGMI Themes Silver Miners ETF 0.7 35 44 4.6 -10.0
AUAU Global X Gold Miners ETF 0.7 35 44 3.1 -11.5
DTEC ALPS Disruptive Technologies ETF 0.7 50 29 3.6 -11.0
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -10 4.3 -10.3
VIDI Vident International Equity Strategy ETF 0.6 61 18 8.2 -6.4
SHPP Pacer Industrials and Logistics ETF 0.6 60 19 6.6 -8.0
DEW WisdomTree Global High Dividend Fund 0.6 58 21 7.1 -7.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.5 90 -11 3.5 -11.1
APIE ActivePassive International Equity ETF 0.5 45 34 6.3 -8.3
PICK iShares MSCI Global Metals & Mining Producers ETF 0.5 39 40 8.5 -6.0
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.5 80 -1 12.1 -2.5
QQQ Invesco QQQ Trust Series I 0.5 20 59 3.2 -11.4
QQQM Invesco NASDAQ 100 ETF 0.5 15 64 3.2 -11.4
CCNR ALPS CoreCommodity Natural Resources ETF 0.5 39 40 8.6 -6.0
FPXI First Trust International Equity Opportunities ETF 0.5 70 9 3.7 -10.9
JGLO JPMorgan Global Select Equity ETF 0.5 33 46 4.2 -10.3
UIVM VictoryShares International Value Momentum ETF 0.4 35 44 8.0 -6.6
RING iShares MSCI Global Gold Miners ETF 0.4 39 40 4.1 -10.4
ERTH Invesco MSCI Sustainable Future ETF 0.4 62 17 3.2 -11.4
BJK VanEck Gaming ETF 0.4 65 14 4.5 -10.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 29 50 8.8 -5.7
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.4 19 60 5.3 -9.3
SMOG VanEck Low Carbon Energy ETF 0.3 61 18 1.3 -13.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.3 65 14 1.4 -13.2
GNOM Global X Genomics & Biotechnology ETF 0.3 50 29 -2.3 -16.9
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 59 3.1 -11.5
EPP iShares MSCI Pacific ex-Japan ETF 0.3 47 32 4.9 -9.7
TRFM AAM Transformers ETF 0.3 49 30 0.9 -13.6
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.2 49 30 7.3 -7.3
AQLT iShares MSCI Global Quality Factor ETF 0.2 18 61 0.0 -14.6
CLNR IQ Cleaner Transport ETF 0.2 45 34 3.9 -10.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 40 6.8 -7.8
SDIV Global X Superdividend ETF 0.2 58 21 13.7 -0.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 58 2.9 -11.7
CIL VictoryShares International Volatility Wtd ETF 0.2 45 34 5.9 -8.7
EFRA iShares Environmental Infrastructure and Industrials ETF 0.2 47 32 5.0 -9.6
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.2 65 14 4.4 -10.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.2 46 33 8.1 -6.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 30 6.1 -8.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 40 6.2 -8.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 54 6.1 -8.5
FENI Fidelity Enhanced International ETF 0.1 28 51 5.7 -8.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 71 6.4 -8.2
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -11 3.1 -11.5
IQLT iShares MSCI Intl Quality Factor ETF 0.1 30 49 5.4 -9.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 21 8.4 -6.2
IQSI IQ Candriam International Equity ETF 0.1 15 64 5.5 -9.1
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 54 7.3 -7.2
BKIE BNY Mellon International Equity ETF 0.1 4 75 5.9 -8.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 59 5.8 -8.8
IPAC iShares Core MSCI Pacific ETF 0.1 9 70 5.4 -9.2
DMXF iShares ESG Advanced MSCI EAFE ETF 0.0 12 67 4.8 -9.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 14 6.5 -8.1
EFG iShares MSCI EAFE Growth ETF 0.0 36 43 3.7 -10.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.0 36 43 5.1 -9.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 59 5.6 -9.0
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.0 20 59 0.8 -13.8
GWX SPDR S&P International Small Cap ETF 0.0 40 39 6.0 -8.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.0 35 44 5.6 -9.0
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 56 7.3 -7.3
VPL Vanguard FTSE Pacific ETF 0.0 7 72 5.2 -9.4
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.0 12 67 5.2 -9.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 49 6.0 -8.5
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 76 5.8 -8.8
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.0 20 59 5.5 -9.1
EFA iShares MSCI EAFE ETF 0.0 35 44 5.7 -8.9
HEFA iShares Currency Hedged MSCI EAFE ETF 0.0 35 44 5.6 -9.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 40 7.0 -7.6
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 75 6.0 -8.6
IEFA iShares Core MSCI EAFE ETF 0.0 7 72 6.0 -8.6
WSGE Warren Street Global Equity ETF 0.0 80 -1 2.8 -11.8
SCHF Schwab International Equity ETF 0.0 6 73 5.9 -8.7
VEA Vanguard FTSE Developed Markets ETF 0.0 3 76 5.9 -8.7
VIGI Vanguard International Dividend Appreciation ETF 0.0 10 69 5.9 -8.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 70 4.4 -10.2
AVSD Avantis Responsible International Equity ETF 0.0 23 56 5.8 -8.7
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 37 4.0 -10.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 34 6.7 -7.9
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 49 5.1 -9.4
TOK iShares MSCI Kokusai ETF 0.0 26 53 4.2 -10.3
URTH iShares MSCI World ETF 0.0 24 55 4.3 -10.3
AVDE Avantis International Equity ETF 0.0 23 56 6.2 -8.4
AVDV Avantis International Small Cap Value ETF 0.0 36 43 7.8 -6.7

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Matthews China Active ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.3 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 79 bp
Equals: ALTAR Score 14.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.45 CATEGORY
AVERAGE		 1.53
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.